PRESS RELEASE 21.11.2007
LEMMINKÄINEN GROUP'S OKA OY COMPLETES SIGNIFICANT REAL ESTATE DEAL
Lemminkäinen Group's Oka Oy has sold all the shares in Keskinäinen Kiinteistö Oy
Lappeenrannan Gallerian Liiketilat real estate company to the Nordic Retail Fund
administered by the international fund management company Protego Real Estate
Investors. The Lappeenrannan Galleria shopping centre, which opened on 1
November 2007, operates on the property.
The shopping centre's leasable floor area is 12,350 square metres and there are
currently 24 tenants. H&M Hennes & Mauritz Oy, Clas Ohlson Oy, Seppälä and
KappAhl Oy are among the companies with premises on the property.
Regional Director Kari Metsäkallio
Tel. +358 400 650 818
Oka Oy, a subsidiary of Lemminkäinen Group, is a building contractor that
operates all over southern Finland. The company's new building and refurbishment
contracting includes competitive tender contracting as well as residential,
commercial and industrial developments. Oka Oy was founded in 1987. In 2006 the
company generated net sales of approx. EUR 170 million and employed some 500
Lemminkäinen Group operates in all areas of the construction sector. Its main
business areas are building contracting, infrastructure construction, technical
building services and building products. Net sales in 2006 were EUR 1.8 billion,
of which international operations accounted for about a third. The Group employs
some 9,000 people. Lemminkäinen's share is listed on Helsinki Stock Exchange.